There are 4 combinations that make a number divisible by 4:
Last 2 digits being 12, 24, 32 and 52. When last 2 digits are 12, total such combination so are 6 that is 54312, 53412, 45312, 43512, 34512, 35412. Similarly 6 combinations for 24, 32 and 52 as last digits.
So totally 24 combinations
Total numbers possible :5!= 5*4*3*2*1 = 120
So talk possible = 24/120 = 1/5